Omada Health Raises $500M to Revolutionize Virtual Chronic Care Management

Omada Health is thrilled to announce that it has successfully raised $500 million in its latest funding round—a milestone that underscores the company’s commitment to transforming the healthcare landscape. As a virtual-first healthcare provider dedicated to nurturing lifelong health one day at a time, Omada Health leverages breakthrough behavior science and state-of-the-art clinical protocols to help individuals living with chronic conditions achieve lasting health improvements. With this new influx of capital, Omada will further expand its innovative virtual care programs designed for managing prediabetes, diabetes, hypertension, and musculoskeletal issues across the nation. The funding will be strategically deployed to accelerate research and development efforts, enhance digital platform functionalities, and broaden the reach of its personalized intervention programs. Having already made a significant impact on nearly one million members across all 50 states, this investment will empower Omada’s care teams—ranging from health coaches to clinical specialists—to leverage technology and deliver evidence-based, clinically supported care on an even larger scale. By collaborating with over 1,900 enterprise customers, including Fortune 500 companies, health plans, and health systems, Omada continues to prove that its programs not only engage users but also drive down healthcare costs through meaningful behavior change and increased ROI. This funding milestone is a testament to the strength of Omada Health’s vibrant work culture, innovative approach, and proven track record evidenced by 29 peer-reviewed publications. As the company scales its operations and refines its digital health solutions, it remains steadfast in its mission to extend the influence of real human care teams, ensuring employees and members alike benefit from sustainable, long-term health outcomes.